Buying EV in Delhi? If you don't follow these 5 steps, your subsidy will get stuck.

Buying EV in Delhi? If you don't follow these 5 steps, your subsidy will get stuck.

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Delhi Government's new EV Policy 2026 has been implemented, under which you will get the benefit of subsidy, 100% road tax and registration fee exemption, as well as scrappage incentive on purchasing electric vehicles. But to avail these facilities, some important online processes will have to be completed within the stipulated time. Know the complete step-by-step process and important rules from creation of RC to receipt of subsidy in bank account through DBT.

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Know the step-by-step process to avail benefits in Delhi EV Policy. (AI image)

Delhi EV Policy 2026 It has become effective from this month and will run till March 2030. The government has planned to invest about ₹15,000 crore for this, which also includes developing more than 30,000 EV charging points. The policy has provisions like incentives during purchase, complete exemption in road tax and registration fees, incentives on scrapping of old vehicles and ban on ICE vehicles in a phase-wise manner.

The policy also aims to achieve 95 percent EV registration by 2027 and stop registration of new petrol/CNG two-wheelers from 2028. Incentives will be given through Direct Benefit Transfer (DBT) through a dedicated online portal, which is good for both transparency and ease. Let us know which steps can be followed while buying a new electric vehicle in Delhi to avail full benefit of subsidy.

Select eligible model

Before booking a new electric vehicle, please confirm with the dealer whether the model you are purchasing is approved by the Model Approval Committee of Delhi Government or not. According to government rules, it is mandatory for the dealer to inform the customer about subsidy eligibility at the time of booking. Keep in mind that only 'pure electric' vehicles are eligible for subsidy, there is no exemption for hybrid vehicles.

Generate RC of the vehicle

After purchasing the vehicle, it will be registered by the Transport Department. Car buyers will get 100% exemption on road tax and registration fees here. Your time begins as soon as the Registration Certificate (RC) of your vehicle is officially generated. The government has set a strict time limit for claiming subsidy.

Register on online portal in 30 days

Within 30 days of the vehicle's RC being generated, you will have to register yourself by visiting the new dedicated EV Incentive Portal of Delhi Government. Unlike the old policy, now the dealer will not fill the form for you, it will be the entire responsibility of the vehicle owner.

Claim subsidy by uploading documents

After logging in to the portal, fill in the details of your vehicle (RC number, chassis number etc.). If you had an old BS-IV or older vehicle which you have scrapped, then also upload its valid 'Scrapping Certificate' to get scrappage incentive of up to ₹ 1 lakh. Along with this, enter the correct information of your Aadhar card and bank account (cancelled cheque/passbook).

Verification and money transfer

The application submitted by you will be scrutinized by the Transport Department and Public Financial Management System (PFMS). The entire process is transparent and if all the documents are found to be in order, the subsidy amount will be credited directly into your Aadhaar-linked bank account (through DBT) within 60 days from the date of application.

urgent matter: If you avail any financial subsidy or incentive under the Delhi EV Policy 2026, you will not be able to obtain a 'No Objection Certificate' (NOC) to transfer or re-register that vehicle outside Delhi for the next 3 years from the date of purchase. The government will keep a lock-in period of 3 years on it.

About the Author

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Ram Mohan MishraSenior Sub Editor

Ram Mohan Mishra, working as Senior Sub-Editor at News18 Hindi, is active in digital media since 2021 and is currently handling the Auto Desk. They provide car and bike related information in an easy, clear and reliable manner.read more



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Auto industry, Tata Motors, M&M, Maruti shares panicked by the news of Tesla's arrival

Auto industry, Tata Motors, M&M, Maruti shares panicked by the news of Tesla's arrival

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New Ev Policy: Due to the new EV policy, the shares of Tata Motors, Mahindra & Mahindra and Hyundai Motor India declined by 6%. Preparations for Tesla's entry into India feared to increase competition for domestic companies …Read more

Highlights

  • Tata Motors, M&M, Hyundai shares fall by 6%
  • New EV policy feared to increase competition for domestic companies
  • Stock market stirred by Tesla's preparation for admission to India

New ev policy: On 21 February, Tata Motors, Mahindra & Mahindra (M&M), and Hyundai Motor India shares saw a decline of up to 6%. This decline has taken place by the government amid discussion of relaxation in electric vehicles (EV) import rules. This step can make it easier for foreign companies to enter the Indian market, due to which there is a possibility of increasing competition for domestic automakers. Preparations for entry of global companies like Tesla into India have given this discussion further warm.

Mahindra & Mahindra shares saw the biggest decline in about 7 months, which reached ₹ 2,653. Tata Motors shares fell 2% to ₹ 676 and Hyundai Motor India shares fell 2.5% to ₹ 1,875. This decline is believed to be because Tesla has started fast efforts to sell his cars in India.

According to Moneycontrol report, Alan Musk's Tesla Inc. can enter the Indian market through direct imports, not through local production. To facilitate Tesla's entry into India, the government is considering a decrease in EV import duty. Apart from this, extensive exemption can also be given in EV import rules.

Change in import duty
The government has reduced basic custom duty (BCD) to 70 percent on fully prepared electric vehicles priced more than $ 40,000. However, an additional 40 percent of the Agriculture Infrastructure and Development Cess (AIDC) has been imposed. 10 percent of Social Welfare Surcharge (SWS) is exempted, resulting in an effective import duty for electric vehicles above this price point to 110 percent. The import duty for electric vehicles priced below $ 40,000 remains at 70 percent.

Reacts in the stock market
After this news, the Nifty Auto Index saw a decline of 2.5%, which reached 21,534 points. The decline in shares of major companies like Tata Motors, M&M, Hyundai Motor India, Maruti Suzuki and Bajaj Auto affected the index. The Nifty Auto Index has seen a decline of about 6% from the beginning of this year.

Possible changes in electric vehicle policy have shaken the Indian automobile sector. The entry of global companies like Tesla will increase competition in the Indian market, but it will also be a big challenge for domestic companies. This policy of the government is an important step towards making India a major player in the global EV market.

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Auto industry, Tata Motors, M&M shares panic due to the news of Tesla's arrival

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